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A digest of news and opinion from the Maldives.

K Park Residence Donates Protective Equipment to 12 Islands

K Park Residence Donates Protective Equipment to 12 Islands

1 min read

Protective equipment such as masks, sanitizers, and gloves have been donated to 12 islands by K Park Residence owner Hassan Mamdhooh (Mandey). Hassan Mamdhooh has donated protective equipment to L. Fonadhoo, L. Gan, L. Maavah, L. Hithadhoo, L. Maabiadhoo, L. Dhanbidhoo, V. Keyodhoo, Th. Vilufushi, N. Maafaru, and to “Visit Laam”. In addition to that, […]

A Look at Rate Disparity in Maldives

A Look at Rate Disparity in Maldives

8 min read

One might wonder – in fact, individuals and businesses alike – why there are high rates of interest and significant difference between deposit rates and lending rate compared to other countries. The article intends to seek the challenges for individuals, businesses, the governing body and the banks itself. The goal is not intended to point […]

COVID-19 Updates For 20th May

COVID-19 Updates For 20th May

2 min read

Maldives has reported 1,143 confirmed cases of COVID-19, with 1,048 active cases, 91 recoveries, 4 deaths. Here are the latest updates on COVID-19 Announcements by HPA Additional 43 cases of COVID-19 have been reported by HPA. 99 out of the 105 senior citizens tested negative for COVID-19, Mabrook revealed. 146 random samples taken in  K. […]

Sanken Overseas Pvt Ltd Donates Thermal Scanner to Government

Sanken Overseas Pvt Ltd Donates Thermal Scanner to Government

1 min read

Tourism Minister Ali Waheed receives a high-end thermal scanner (Satir Fever Screening System – Hotfind -S with Blackberry) donated from Sanken Overseas Pvt ltd to the government of Maldives. Sanken Overseas has stated that they believe there is a huge role the private sector can play in supporting and contributing to the cause. They have […]

Daily Highlights – 19th May

Daily Highlights – 19th May

2 min read

Here are the latest news updates of 19th May JSC Begins Investigation of Judge Ibrahim Ali Judicial Service Commission (JSC) has begun the investigation of Criminal Court Judge, Ibrahim Ali for illegally issuing a court order. JSC has assembled an investigative committee to probe the disciplinary issue into the judge. It has been revealed that […]

COVID-19 Updates For 19th May

COVID-19 Updates For 19th May

2 min read

Maldives has reported 1,143 confirmed cases of COVID-19, with 1,059 active cases, 80 recoveries, and 4 fatalities. Here are the latest updates on COVID-19. Announcements by HPA Additional 37 cases of COVID-19 have been reported by HPA. The new cases include a resident living in Minister Mahloof’s building, hence the building has been placed under […]

Maldives Proposes Guidelines To Commence Safe Tourism

Maldives Proposes Guidelines To Commence Safe Tourism

4 min read

On a bid to revive the hard-hit tourism industry, the Tourism Ministry has proposed guidelines to commence safe tourism. The Ministry informs that this guideline draft is open for feedback. Safe Tourism Resort License A licensing fee of USD 50,000 is applicable for the issuance of the safe tourism license. Safe Tourism License shall be […]

Never “Enough Evidence” to Prosecute Criminals in Maldives?

Never “Enough Evidence” to Prosecute Criminals in Maldives?

4 min read

On 4th February, Maldives reported a case of ISIS-affiliated stabbing of 3 tourists in Hulhumale’. Following an investigation, Police arrested a total of eight suspects. However, no charges were filed against three of the suspects due to insufficient evidence. According to the Home Minister, Maldives Police Service did a thorough investigation and provided sufficient evidence, […]

ITFC Extends USD 15 Million to STO

ITFC Extends USD 15 Million to STO

2 min read

The International Islamic Trade Finance Corporation (ITFC), provides US$15 million in favour of State Trading Organization (STO), Maldives to facilitate their procurement of staple food, medicine & medical equipment during COVID-19 pandemic crisis. In addition to the financing of US$15 million, ITFC is also extending a grant for supporting their sourcing of emergency medical equipment […]